73
73
May 15, 2013
05/13
by
FBC
tv
eye 73
favorite 0
quote 0
that is the deficit problem. without entitlement reform there is no amount of growth that will fix it. melissa: christian, isn't this all noise and nonsense until we fix that problem? >> well, not exactly because, you know, when you have an economy that's suffering from high unemployment andd3 stagnating wages you're not at your full productive capacity. once you reach that level as we've seen in the last few months, once you increase revenues whether it comes from tax increases or improved economic conditions, you drastically and very quickly lower your debt position and your deficit position. that should be the first order of business. that is really what we do first before we figure out what is our true remaining structural long-term deficit. melissa: okay, but doug, you're a numbers guy. let's do thisatively, rather than with our emotions. can the economy quantitatively grow enough to deal with paying for our promises for the entitlements and the system that we have laid out? >> no. at the heart of this are p
that is the deficit problem. without entitlement reform there is no amount of growth that will fix it. melissa: christian, isn't this all noise and nonsense until we fix that problem? >> well, not exactly because, you know, when you have an economy that's suffering from high unemployment andd3 stagnating wages you're not at your full productive capacity. once you reach that level as we've seen in the last few months, once you increase revenues whether it comes from tax increases or...
80
80
May 17, 2013
05/13
by
MSNBCW
tv
eye 80
favorite 0
quote 0
paying down our deficit. it is kicking the can down the road and frankly, we are out of road. >> you would think that those people would all be pushing to take credit for our incredible deficit reduction celebrating that there would be press conferences. but no, there was nothing. what makes that nothing this week so very ironic is that not only did republicans essentially ignore the cbo report but they chose to spend the time they should have been out celebrating our lowest predicted deficits since 2008 trying once again to repeal obama care. they voted for the 37th time to repeal obama care despite the fact that there is good reason to believe that obama care is to credit for much of the remarkable deficit reduction projected this week by the cbo. the deficit reduction republicans used to hold up as their entire reason for being. because the biggest driver of our long term deficits is rising health care costs and -- get this -- between 2009 and 2011, total health spending grew at the lowest annual pace in t
paying down our deficit. it is kicking the can down the road and frankly, we are out of road. >> you would think that those people would all be pushing to take credit for our incredible deficit reduction celebrating that there would be press conferences. but no, there was nothing. what makes that nothing this week so very ironic is that not only did republicans essentially ignore the cbo report but they chose to spend the time they should have been out celebrating our lowest predicted...
100
100
May 19, 2013
05/13
by
CNNW
tv
eye 100
favorite 0
quote 0
and the amazing shrinking american budget deficit. i'll ask mitt romney's chief economic adviser whether he thinks the problem has gone away. >>> also, as america prepares to draw down from afghanistan, what can it learn from britain's withdrawal 170 years ago? i'll ask theauthor of a great new book. >>> next, a look into the crystal ball of technology with google's executive chairman eric schmit. a sure fire plan to reduce carbon dioxide emissions. how so? stay tuned. >>> first, here is my take. conservatives are, of course, mad at barack obama. we'll talk about the various scandals in a moment, but they're also mad at a country that isn't mad enough at him. this frustration is now taking over main stream and intelligent voices within the conservative movement and about broader issues than benghazi. brett stevens, the columnist for "wall street journal" lementes that president obama is not paying a price for a foreign policy that he, stevens, describes as isolationist. now, isolationism will come as a surprise to the diplomat soldier
and the amazing shrinking american budget deficit. i'll ask mitt romney's chief economic adviser whether he thinks the problem has gone away. >>> also, as america prepares to draw down from afghanistan, what can it learn from britain's withdrawal 170 years ago? i'll ask theauthor of a great new book. >>> next, a look into the crystal ball of technology with google's executive chairman eric schmit. a sure fire plan to reduce carbon dioxide emissions. how so? stay tuned....
75
75
May 15, 2013
05/13
by
FBC
tv
eye 75
favorite 0
quote 0
the deficit is getting smaller. a lot smaller. the congressional budget office says it will be $400 million less than the trillion dollars deficit last year. it's down because of higher taxes. a 60 billion check to the government from fannie and freddie. there's a down side for those of us who want the government to get its finances in order, this takes the wind out of the sails of the spending, cutting movement. maybe the deficit news helped stocks, another record close for the dow, 19th this year and same story for the s&p 500, the 14th he record there this year. we're looking at a flat to slightly lower opening today, but that happened yesterday and we still went up 120 by the close. stay tuned. and suddenly, it seems that president obama's second term agenda is unravelling. and the mainstream media have turned on the administration. big government seriously questioned, my, have times have changed. in just ten days. here is the the all-government, all the time president speaking the at ohio state may the 5th. >> unfortunately,
the deficit is getting smaller. a lot smaller. the congressional budget office says it will be $400 million less than the trillion dollars deficit last year. it's down because of higher taxes. a 60 billion check to the government from fannie and freddie. there's a down side for those of us who want the government to get its finances in order, this takes the wind out of the sails of the spending, cutting movement. maybe the deficit news helped stocks, another record close for the dow, 19th this...
43
43
May 16, 2013
05/13
by
FBC
tv
eye 43
favorite 0
quote 0
neil: deficits are tumbling the revenues are coming in. >> then the next thing you know the wags, you know --. neil: we don't have to cut. we don't have to cut. >> cbo says problem solved. this is what some blogger on "the washington post" said today believe the cbo forecast i have some swampland in florida. they suggest 40 years no recession or no economic dislocation we will create seven times more jobs in the next decade than we did over the next decade with wage and salary growth two times what has been. >> that $642 billion it is a lot less than it was in well under $1 trillion and we can remember a time when deficits were approaching $100 billion now we celebrate 642 billion but whatever that is. >> of course, $50 billion is a pavement a tax gimmick from fannie mae. where do they get the 60 million? they borrow it. neil: a lot of it is a tax increase. that part is there temporarily because with the fiscal cliff came at the end of the year there was a huge pre-emptive realization and bonuses were paid and 100 billion as one time revenue. neil: so you say with a focus on the lates
neil: deficits are tumbling the revenues are coming in. >> then the next thing you know the wags, you know --. neil: we don't have to cut. we don't have to cut. >> cbo says problem solved. this is what some blogger on "the washington post" said today believe the cbo forecast i have some swampland in florida. they suggest 40 years no recession or no economic dislocation we will create seven times more jobs in the next decade than we did over the next decade with wage and...
109
109
May 16, 2013
05/13
by
MSNBCW
tv
eye 109
favorite 0
quote 0
the smallest deficit sense 2008 which is five years ago. the deficit had been topping $1 trillion every year cynic the recession ended four years ago. they credit the economic recovery, new tax rules and spending cuts with shrinking the deficit. we'll be right back. >>> welcome back to "hardball." may seem hard to believe that you're not experiencing deja vu here, but it happened again now, a military serviceman whose job it is to protect against sexual assault has excused himself of sexual assault. latest case involves a ft. hood sergeant. you won't believe this, i couldn't believe it, into prostitution and for sexually assaulting this guy did apparently charged with two others. the army's not releasing his identity as he has not been charged officially, but get a load of his job title, sexual harassment response and coordinator. that's right, the guy you're supposed to go to for help is accused of sexually assaulting someone. this comes just one week after the man in charge of sexual assault from the entire air force was charged with sexu
the smallest deficit sense 2008 which is five years ago. the deficit had been topping $1 trillion every year cynic the recession ended four years ago. they credit the economic recovery, new tax rules and spending cuts with shrinking the deficit. we'll be right back. >>> welcome back to "hardball." may seem hard to believe that you're not experiencing deja vu here, but it happened again now, a military serviceman whose job it is to protect against sexual assault has excused...
461
461
May 17, 2013
05/13
by
CNBC
tv
eye 461
favorite 0
quote 2
the deficit is coming down? >> i think it's great the deficit is coming down, government taxation melton freedman said, it's true, you can't spend yourself into prosperity. if you look at government spending as a share of gdp. it tracks growth almost exactly. having the deficit come down is wonderful news. >> all right. so if people are saying this fiscal restraint is like 1936-1937, all right, where we had a recession inside a depression. yeah, i think that's a lot of gar back. i'll tell you why, i want to hear you first. >> well, the taxes went up through the great depression. the way the world works, it outlines it exactly, all these people in the great depression have missed the tax variable totally. bernanke, even milton freedman missed it in the freedom of the united states. it's taxes that really caused the economy to slow down and cutting taxes in aggregate is cutting government spending. government doesn't create resource, larry, it redistributes them. every dollar they spend for one person, they take a
the deficit is coming down? >> i think it's great the deficit is coming down, government taxation melton freedman said, it's true, you can't spend yourself into prosperity. if you look at government spending as a share of gdp. it tracks growth almost exactly. having the deficit come down is wonderful news. >> all right. so if people are saying this fiscal restraint is like 1936-1937, all right, where we had a recession inside a depression. yeah, i think that's a lot of gar back....
235
235
May 14, 2013
05/13
by
MSNBCW
tv
eye 235
favorite 0
quote 2
austerity cut the public role, that does nothing except hurt the deficit. if you want to reduce the deficit, the best thing you can do is invest in education. the education of american people brings more money to the treasury than anything you name, whether it's early childhood k-12, higher ed, lifetime learning, and to cut education is to increase the deficit. so thank you for posing that question. >> congresswoman, really great pleasure to have you here. thank you so much. >> thank you very much. my pleasure, good luck to you and congratulations. >> thanks again to democratic house leader nancy pelosi for joining me earlier today. that's all in for this evening the rachel maddow show starts now.
austerity cut the public role, that does nothing except hurt the deficit. if you want to reduce the deficit, the best thing you can do is invest in education. the education of american people brings more money to the treasury than anything you name, whether it's early childhood k-12, higher ed, lifetime learning, and to cut education is to increase the deficit. so thank you for posing that question. >> congresswoman, really great pleasure to have you here. thank you so much. >>...
74
74
May 15, 2013
05/13
by
CNBC
tv
eye 74
favorite 0
quote 0
the true issue with deficits. when you pad the course with too much weight it doesn't make the trip as efficiently. and i do understand everybody wants to ring the bell on smaller deficits. i'm in the club as well. we need to be be honest about it. obviously that's the main motivation. but there's another. we cosigned for all the losses. just hope it doesn't mean no reform. we need a free market in housing that isn't the government. nothing talks about free markets better than a really old book. wealth of nations 1776. hey, that was a really good year by the way. adam smith. what is the underlying premise of adam smith we can apply in ample helpings to a variety of issues in the day? that is who should best deal with the procurement? whether it's a natural resource like natural gas or whether the government should decide who gets loans or what what type of loans. no, no, no. it should be free market for free men. and as the wealth of nations pointed out. don't worry about natural gas. the government can't decide w
the true issue with deficits. when you pad the course with too much weight it doesn't make the trip as efficiently. and i do understand everybody wants to ring the bell on smaller deficits. i'm in the club as well. we need to be be honest about it. obviously that's the main motivation. but there's another. we cosigned for all the losses. just hope it doesn't mean no reform. we need a free market in housing that isn't the government. nothing talks about free markets better than a really old...
106
106
May 16, 2013
05/13
by
FBC
tv
eye 106
favorite 0
quote 0
well it was a string of republican and democratic decisions to not hit the full number on security deficits. this is outrageous and senator menendez says we know about benghazi? somebody will puke out there outrageous conduct. [laughter] >> no vomit here in washington d.c. tonight studio number four. lou: maybe you are tougher. >> we have been marinating longer but to your point* the president today was so careful with the artfully crafted all of his theaters were artfully crafted and careful not to blame funding for the attackkin benghazi but mentioning funding a rounded to create the inference. boxer was less careful and when you ask about the ira'she ? he did not answer the question so he was very legalistic. lou: this is moving from a crisis of confidence, it seems to me, directly to a constitutional crisis. this president has lost his credibility. it has been shredded. where are we headed? >> but his ability is to get things done and there is no appetite in washington to get anything done with scandal swirling around the president so beleaguered not he is labor it they and lame in the
well it was a string of republican and democratic decisions to not hit the full number on security deficits. this is outrageous and senator menendez says we know about benghazi? somebody will puke out there outrageous conduct. [laughter] >> no vomit here in washington d.c. tonight studio number four. lou: maybe you are tougher. >> we have been marinating longer but to your point* the president today was so careful with the artfully crafted all of his theaters were artfully crafted...
97
97
May 14, 2013
05/13
by
CNBC
tv
eye 97
favorite 0
quote 0
deficit. it's now $200 billion smaller than it was estimated just in february, $642 billion is the projection for the current fiscal year. that's 4% of gross domestic product, which is less than half in both dollar terms and percentage of gdp than it was in 2009, the first year of president obama's presidency. this shows that because of better than expected revenue, slower than expected growth in spending, in part because health care costs are slowing, the deficit is going to fall to 2.1% of gdp in 2015. so, we've had a lot of concern that we've discussed for years about the size of the u.s. deficit. it is now coming down pretty rapidly, bill. >> you know, it's symptomatic of our new normal here. we consider $3 gasoline cheap and we think $642 billion deficit is low. >> but as a percentage -- >> you know what i'm saying. >> yes, i do. but the historical standard -- >> john, does that mean that the gdp is expected to shrink -- >> what's that? >> when we talk about these percentages as a functio
deficit. it's now $200 billion smaller than it was estimated just in february, $642 billion is the projection for the current fiscal year. that's 4% of gross domestic product, which is less than half in both dollar terms and percentage of gdp than it was in 2009, the first year of president obama's presidency. this shows that because of better than expected revenue, slower than expected growth in spending, in part because health care costs are slowing, the deficit is going to fall to 2.1% of...
50
50
May 16, 2013
05/13
by
MSNBCW
tv
eye 50
favorite 0
quote 0
the board of education approved the deficit elimination plan, and really, chris, i want to thank you and other folks who brought attention to this. it was putting a great big light on this problem that, i think, caused the reverse, of course. and the good news is these kids will be able to finish their school year, and i'm just really happy about that. >> what have we learned about michigan governor rick snyder in this, the fact he seemed willing, the state government seemed willing, to let these kids not be in school and not turn over any money and not find some way initially for a bridge loan or something. what does that say to you about the governor? >> first of all, i want to thank them for doing the right thing, even though it took some time. i'm not really anxious to point fingers. i think what it does show is we have huge inequities in this country and in michigan and lots of other places, and we need to correct those inequities. for every buena vista that had to close, there are hundreds of schools that are functioning barely at the sustainable level and getting marginal educ
the board of education approved the deficit elimination plan, and really, chris, i want to thank you and other folks who brought attention to this. it was putting a great big light on this problem that, i think, caused the reverse, of course. and the good news is these kids will be able to finish their school year, and i'm just really happy about that. >> what have we learned about michigan governor rick snyder in this, the fact he seemed willing, the state government seemed willing, to...
104
104
May 20, 2013
05/13
by
CNBC
tv
eye 104
favorite 0
quote 0
but the ceo's report find just about 1 trillion in deficit reduction and deficits rise again after 2017 and obama promised $1.2 trillion in spending cuts the ceo review finds just $172 billion and the president promised to balance budget approach, a balanced approach to the budget. but guess what? the review finds that tax hikes outweighs spending cuts by nearly 6-1. that is not balanced. however, joining us on set tonight, business insider's ceo and editor-in-chief henry blojit and henry kukis. >> i think one point i would make is the only way we are going to close the gap is by raising taxes and reducing long-term spending. >> where do you want to raise the taxes? >> i think you can raise lots of tax, the wellthy can go up, generally. >> northern more than we had, we just got $600 billion. >> if you look at a gdp basis, spending is at 22%. we have been at about 20 for both. we fwt to converge on that number if we want to balance the number. >> what's your take? >> i'm not sure what bothers me more the fact that the president's numbers didn't quite add up or the fact that he has a budg
but the ceo's report find just about 1 trillion in deficit reduction and deficits rise again after 2017 and obama promised $1.2 trillion in spending cuts the ceo review finds just $172 billion and the president promised to balance budget approach, a balanced approach to the budget. but guess what? the review finds that tax hikes outweighs spending cuts by nearly 6-1. that is not balanced. however, joining us on set tonight, business insider's ceo and editor-in-chief henry blojit and henry...
68
68
May 12, 2013
05/13
by
CSPAN
tv
eye 68
favorite 0
quote 0
with budget deficits in the u.s. nd europe and japan, the traditional donors, there is a reflection on whether the aid budgets will even stay flat. countries have been cutting those. that really hurts low income countries. middle income countries like china, they have got a lot of injustice because of what is not covered. yet in some ways because they are more open-minded they are trying different things. there will be good examples to come out of those countries, that even the rich countries should look at. the idea, what are the job categories, how do you measure outcomes? there are a lot of vibrancy there. high income countries are facing the same rate of increase, although we managed to be at a starting point of about 1.5 times worse than everyone else. i got pulled into health not because it is a big foundation priority, but at the state budget level where you have to or at least pretend the balance on a yearly basis there aren't some projects having to do with pensions that if they were in the private sector wo
with budget deficits in the u.s. nd europe and japan, the traditional donors, there is a reflection on whether the aid budgets will even stay flat. countries have been cutting those. that really hurts low income countries. middle income countries like china, they have got a lot of injustice because of what is not covered. yet in some ways because they are more open-minded they are trying different things. there will be good examples to come out of those countries, that even the rich countries...
114
114
May 15, 2013
05/13
by
CNBC
tv
eye 114
favorite 0
quote 0
the history of deficit is they tend to understate it. if you forecast it up three, up three, up three, then if you jack your forecast down to minus one then you look like a total goon. what the cbo will say is up three, up three, up three, they tend to understate their revisions, what we saw yesterday was probably about half of the revision that they really would've made if they went all in and did the fully rational forecast. probably throughout the rest of the year, you're going to see bigger reductions in the deficits about three months from now. and that's going to have a good effect on markets, it's going to help the fed have some space to ease up on quantitative easing and so on. >> do you share robert's concerns about the impact of the sequester and second half of the year? >> no, i do not. we're losing about 1.5% of gdp growth. about 1% is the tax hike at the end of the year and half of that is the sequester. so far, we've overpowered that with the wealth effect and the absence of the hippopotamus, and i think that'll continue. >
the history of deficit is they tend to understate it. if you forecast it up three, up three, up three, then if you jack your forecast down to minus one then you look like a total goon. what the cbo will say is up three, up three, up three, they tend to understate their revisions, what we saw yesterday was probably about half of the revision that they really would've made if they went all in and did the fully rational forecast. probably throughout the rest of the year, you're going to see bigger...
32
32
May 15, 2013
05/13
by
KNTV
tv
eye 32
favorite 0
quote 0
. >>> $200 billion in deficit just vanished. and scott la cruz said politicians and committees had nothing to do with it. >> good morning. all of that fighting over the sequester, spending cuts and we cut the deficit by rethinking the math. the congressional budget office which is nonpartisan said the deficit will fall by $200 billion thanks in part to a growing economy and recent tax hikes. the new estimates give washington much more breathing room pushing fights like the debt ceiling off for months. washington still spends far more than it has. and in hot for the past year to the tune of trillions but for some, this is more evidence of a recovering economy and not spending cut which is may be best for america. >>> the european economy meanwhile in trouble. france says it's fallen back in recession. germany barely posted growth for the quarter. so when you mix all the euro countries together as a group, they've been in recession for a year and a half now. >>> markets hit another record tuesday. you mentioned tesla. it's an all-
. >>> $200 billion in deficit just vanished. and scott la cruz said politicians and committees had nothing to do with it. >> good morning. all of that fighting over the sequester, spending cuts and we cut the deficit by rethinking the math. the congressional budget office which is nonpartisan said the deficit will fall by $200 billion thanks in part to a growing economy and recent tax hikes. the new estimates give washington much more breathing room pushing fights like the debt...
256
256
May 20, 2013
05/13
by
FOXNEWSW
tv
eye 256
favorite 0
quote 0
four dead at 7/11 store there four more dead as they tried to get into a freeze tore escape this storm deficit all around. reminiscent of joplin, missouri. bark ripped off the trees. trees split in half. its insulation up in the branches. it is twisted metal around telephone poles. at the 7/11 it' as to be a gas pump but it's nothing but electronics and wires hanging out. the pump stilted sideways it gives you chills. is it doesn't matter last when i was on the ground covering deadly tornadoes and last night covering these and now it doesn't matter how many times you see this. it's just absolutely gives you the shivers and to sit here right now. first responders from all over flooding in here. yelling at each other. shep then excuse me for just a moment. live witness from k next thing you know coming across. bricks hear if coming in. it was trying to stuck the storm seller out of the ground unlastled latch the door. caved the door. in once if ended he we of course got out. i car is gone. i can't find it inspects nowhere to be found and there is an sin angel of brandon brought me home. when i g
four dead at 7/11 store there four more dead as they tried to get into a freeze tore escape this storm deficit all around. reminiscent of joplin, missouri. bark ripped off the trees. trees split in half. its insulation up in the branches. it is twisted metal around telephone poles. at the 7/11 it' as to be a gas pump but it's nothing but electronics and wires hanging out. the pump stilted sideways it gives you chills. is it doesn't matter last when i was on the ground covering deadly tornadoes...
104
104
May 13, 2013
05/13
by
FBC
tv
eye 104
favorite 0
quote 0
so as this budget deficit shrinks, and it is significantly lower than it was at this time last year, as that shrinks, the treasury's going to be issuing less debt which means the fed might not have to buy quite as much to get interest rates where it wants them. liz: so what's next, larry? >> well, i mean, if this budget deficit continues to shrink and treasury issuance continues to slow, it's possible the fed would reduce some of that buying. now, not a huge amount. not enough that everyone's going to say, oh, the fed is backing out. liz: everybody or to -- it might be to the markets, or it might be for the markets. it might have s.a.t. alert here, sliewb rouse or positive effect if, for example, it shows that maybe this economy is finally getting sort of a bit healthier and, therefore, we don't need to prop it up with that much medication? >> well, if that's the reason, then it is a good thing long term if the data continues to improve. i think there's still a big if. the economy be is growing very slowly, and there has been improvement in the unemployment picture, but it's still, i
so as this budget deficit shrinks, and it is significantly lower than it was at this time last year, as that shrinks, the treasury's going to be issuing less debt which means the fed might not have to buy quite as much to get interest rates where it wants them. liz: so what's next, larry? >> well, i mean, if this budget deficit continues to shrink and treasury issuance continues to slow, it's possible the fed would reduce some of that buying. now, not a huge amount. not enough that...
121
121
May 14, 2013
05/13
by
CNBC
tv
eye 121
favorite 0
quote 0
now we only have a deficit less than 100 the next six months. the net issuance versus refunding is a little over 100. that means we have 400 billion, 400 billion that has to be made up. so basically think about this. that's being taken out of the market, out of the bond market. 400 billion is now in your hands, my hands and other folks's hands. and there's a few choices. it either has to go in the economy, which, you know it probably will go somewhat in the economy. it has to go to the short end of the curve trade better. we have this excess. or it has to make stocks trade higher. now, the problem is you might be worried some of that might go into the economy and, you know it might stimulate with a little bit of surge. basically, afterwards, we also have to cut back because the deficits in the future will be less than this trillion dollars. so if we don't taper back we will get into this hyper drive market. it's backwards. the fed has to taper back. because if you look at the numbers, it's so tremendous, these numbers are so tremendous that you
now we only have a deficit less than 100 the next six months. the net issuance versus refunding is a little over 100. that means we have 400 billion, 400 billion that has to be made up. so basically think about this. that's being taken out of the market, out of the bond market. 400 billion is now in your hands, my hands and other folks's hands. and there's a few choices. it either has to go in the economy, which, you know it probably will go somewhat in the economy. it has to go to the short...
109
109
May 14, 2013
05/13
by
CNBC
tv
eye 109
favorite 0
quote 0
because of growth and economy and also because of fannie mae paying back money from the government, the deficit over the next six months is shrinking massively. >> the fed is not reducing its purchase. here ate plan right now for what the fed is going to do. it's going to buy $270 billion in treasury over the next six months and 270 billion of mortgages. and this is demand the fixed income of $510 million. we'll show you supply here and take a look at the next chart. new supply, zoom in here, 142 billion of new supply and no new net mortgage, man a little from fannie mae or freddy mac. their 5 ten bell onof demand means there's going to be 368 billion of cash. if you could just zoom in on that number and that's the number that taper says is going to be money looking for a hope in the market these days. the result is a lot of money having no place to go, but perhaps the stocks, and the fed will be dropping down further. the next screen is the equity risk premium. this is the measure over the risk-free treasury rate. you can see it's already at a historic high now according to tepper's math, this
because of growth and economy and also because of fannie mae paying back money from the government, the deficit over the next six months is shrinking massively. >> the fed is not reducing its purchase. here ate plan right now for what the fed is going to do. it's going to buy $270 billion in treasury over the next six months and 270 billion of mortgages. and this is demand the fixed income of $510 million. we'll show you supply here and take a look at the next chart. new supply, zoom in...
123
123
May 14, 2013
05/13
by
FBC
tv
eye 123
favorite 0
quote 0
he inherited a city with $300,000 budget deficit. the state's appointed emergency financial manager warned that the deficit could $386 million by jewel 1st. >>> in new jersey the role other coaster at seaside heights is being demolished. it was a symbol of the pamage that superstorm sandy inflicted on the east coast. those are your headlines. i'm patti ann browne. back to you. ashley: patti ann, we thank you so much. get back to the markets. call it a case of the tuesdays. the dow less than two hours from extending the win he can street of 18 straight tuesday as the market is on track to finish in record territory yet again. joining me, above pavlick, from banyon partners with his take what he is watching to drive the market higher. bob, thank you so much for joining us. so you say, look there's lots more room to the upside. i don't say that you say a lot of room but there is room to the upside. what is driving the markets right now? we've gone through earnings. the economic date at thaa is so so. by all economic accounts we're drift
he inherited a city with $300,000 budget deficit. the state's appointed emergency financial manager warned that the deficit could $386 million by jewel 1st. >>> in new jersey the role other coaster at seaside heights is being demolished. it was a symbol of the pamage that superstorm sandy inflicted on the east coast. those are your headlines. i'm patti ann browne. back to you. ashley: patti ann, we thank you so much. get back to the markets. call it a case of the tuesdays. the dow less...
92
92
May 14, 2013
05/13
by
FBC
tv
eye 92
favorite 0
quote 0
we seemed that we were getting and budget deficits, oh, my god everyone can relax, get the economy go. then we have that wet blanket all over. depending how deep and ugly it -ets it will abfe affect the consumer. making a decision. and it could have a negative effect. neil: malia, i think every time you have a potential of a scandal. economic backdrop has a lot to say whether the scandals do that president in. i think. bill clinton of saved in large part becauseethe economy everything doing so well. this predent mig be saved. by comparison it is doing bter than it was. richard nixon was not so fortunate. >> i think you bring up a good point with looking at nixon and lousy economy. that probabl had a lot to do with the lousy economy. i don't think that scandal in washington affects our markets that much, if it did, i am sure we would not be as well off as we are, scandals in washington have been happening since washington, it is important we remember that what creates strong economies are jobs and government working with citizens to build its economy. >> what if people question that go
we seemed that we were getting and budget deficits, oh, my god everyone can relax, get the economy go. then we have that wet blanket all over. depending how deep and ugly it -ets it will abfe affect the consumer. making a decision. and it could have a negative effect. neil: malia, i think every time you have a potential of a scandal. economic backdrop has a lot to say whether the scandals do that president in. i think. bill clinton of saved in large part becauseethe economy everything doing so...
93
93
May 20, 2013
05/13
by
FBC
tv
eye 93
favorite 0
quote 0
with deficits better than we thought they would be with other outside things like the sequester, that will give more fuel to the fire. i would pile everything in, but i would slowly be putting money to work in the stock market because this thing doesn't look to slow down. everybody wants the 4% pullback. we got the 4% pull back, april 11th to april 16th. what is that between friends that was your opportunity. david: hold on a second. joe has tivo earnings. go ahead, joe, what are they? >> tivo did well, it was a beat on eps and revenue t was a beat on projected to be a loss of 14 cents. a beat on $86.2 million which was a beat of the estimate, 61.87. tivo which is trying to stay relevant had good news coming out today "after the bell.". david: not an earnings report. this was a loss report. but very good news. liz: important to point out, you're looking revenue, 13% year-over-year increase in the technology revenue. this is a stock while down for the quarter is up about 31% year-over-year. still no word, i know, joe you will be looking for this, to see if there is any mention of upcom
with deficits better than we thought they would be with other outside things like the sequester, that will give more fuel to the fire. i would pile everything in, but i would slowly be putting money to work in the stock market because this thing doesn't look to slow down. everybody wants the 4% pullback. we got the 4% pull back, april 11th to april 16th. what is that between friends that was your opportunity. david: hold on a second. joe has tivo earnings. go ahead, joe, what are they? >>...
146
146
May 15, 2013
05/13
by
CNBC
tv
eye 146
favorite 0
quote 0
deficit is shrinking more quickly than previously thought. the nonpartisan budget watchdog says revenue growth will out-pace spending over the next two years. the cbo is slashing its deficit forecast for fiscal 2014 to $642 billion. it's the smallest shortfall since 2008. they're citing rising personal income tax revenues and higher dividend payments by the likes of fannie mae and freddie mac. dan, how important is their assessment? >> well, it's very important for treasury yields. in the first part of the year, we had them go above 2% as economic growth looked strong, a bit down, but now we're moving in that direction again. but what may be a limit on them is exactly this -- the treasury isn't going to be issuing as much debt because the budget deficit's falling. the fed in the meantime is still buying a lot of treasuries, so you're starting to run into a demand and supply imbalance, where there's maybe not quite enough debt out there, if you will. we talk about having too much debt. maybe we don't have enough, and that will probably keep a
deficit is shrinking more quickly than previously thought. the nonpartisan budget watchdog says revenue growth will out-pace spending over the next two years. the cbo is slashing its deficit forecast for fiscal 2014 to $642 billion. it's the smallest shortfall since 2008. they're citing rising personal income tax revenues and higher dividend payments by the likes of fannie mae and freddie mac. dan, how important is their assessment? >> well, it's very important for treasury yields. in the...
99
99
May 14, 2013
05/13
by
FOXNEWSW
tv
eye 99
favorite 0
quote 0
immigration reform, budget deficit deal, another attempt at gun control. up in of that has been talk about since last week and all but a handful of questions today were about the app and the irs subjecting tea party groups to scrutiny. the president says if the irs officials acted inappropriately, they should be held ant credible. and on the phone records, he says mr. bober bober believes reporters should have unfettered access even as the government protects its secrets. >> believe it's possible to strike that balance and at the same time subpoena the phone records? >> i can't comment on the specific reports you cite. i can say the president does believe that the balance should be sought and can be found but it is a balance and, therefore, something that we need to constantly work at. >> the obama administration has launched six prosecutions for leaking classified information, which is more than all previous presidents come bind, shepard. >> shepard: on benghazi some observed that jay carney seems to not believe any of the questions about that are still l
immigration reform, budget deficit deal, another attempt at gun control. up in of that has been talk about since last week and all but a handful of questions today were about the app and the irs subjecting tea party groups to scrutiny. the president says if the irs officials acted inappropriately, they should be held ant credible. and on the phone records, he says mr. bober bober believes reporters should have unfettered access even as the government protects its secrets. >> believe it's...
92
92
May 13, 2013
05/13
by
FBC
tv
eye 92
favorite 0
quote 0
the deficit matters. if you have over 200% debt to gd ratio you have finance it domesticly. if you have foreigners buying your currency it matters. prirnt money like crazy, this can not have a good ending. cyprus when that blew up it was, a big deal. but japan is of course much bigger deal. we've always argue we never had a eurozone crisis. that is good news. bad news we have a global crisis that might focus on the japan or the u.k.. lori: what should that basket of currencies look like for the best investment? >> there is no safe haven as i indicated. you have to spread your eggs. one the cure return sis more than many others do is the euro priest sigh list because everybody else hates it. they're mopping up liquidity where everyone else is printing money. they have a lot of pain. the reason they have pain is they're not print enough money. i'm not saying buy equities but the currency can be stronger. ultimately you have to have a basket. can't put money one egg, be it australian dollar or the looun any or whatever it may be. lori: axel merk. thanks for coming in. melissa:
the deficit matters. if you have over 200% debt to gd ratio you have finance it domesticly. if you have foreigners buying your currency it matters. prirnt money like crazy, this can not have a good ending. cyprus when that blew up it was, a big deal. but japan is of course much bigger deal. we've always argue we never had a eurozone crisis. that is good news. bad news we have a global crisis that might focus on the japan or the u.k.. lori: what should that basket of currencies look like for the...
81
81
May 15, 2013
05/13
by
FBC
tv
eye 81
favorite 0
quote 0
we were hoping to work more on the deficit. do you think this will diverge us from getting things like that done in washington? >> i am not so sure that the market will take that as bad news. the less they do inside the beltway seems to be the better. that is seen as bad news. the more gridlock, the better in many peoples minds. dennis: we have justice with the ap, the irs going after tea party groups, if we have a third-party to come up that is overreaching like that, it gets far worse. >> i will give you one. it is still another one. if i can quickly push back a little on what david said, i agree. i would also say be careful what you wish for. the specter of a three year lame-duck president does not look that great internationally. i do worry about that angle. >> i am not too worried about what is happening internationally. i think they will basically be just slightly by over the next couple years. it is the economy here that i am worried about. with gridlock, look at what we have been able to get done. the president realizes
we were hoping to work more on the deficit. do you think this will diverge us from getting things like that done in washington? >> i am not so sure that the market will take that as bad news. the less they do inside the beltway seems to be the better. that is seen as bad news. the more gridlock, the better in many peoples minds. dennis: we have justice with the ap, the irs going after tea party groups, if we have a third-party to come up that is overreaching like that, it gets far worse....
133
133
May 20, 2013
05/13
by
CNBC
tv
eye 133
favorite 0
quote 0
deficit's coming down. but stocks can't go up forever. >> no. what i'm seeing is that we're not seeing the inflows into stock funds and mutual funds is starting to get smaller and smaller. without new money into the market, i'm sorry. everyone loves this rotational theory about people rotating into new groups. >> right. >> i don't buy that. that's just money being moved around. you need new money to make the market go up. i think we're starting to see it dry up a little bit at this juncture. that's not permanent. i do think we're fwoing to see a little bit of a dryup right here. >> thank you, peter costa. always good to see you. going out about the mid-point of the range. 22 points on the dow jones industrial. stay tuned in the second hour. maria has exclusively the president of blackrock, rob kapito. stay tuned. retail earnings tomorrow. could set the tone for tuesday that traditionally in 2013 has been higher. second hour of the "closing bell" with maria is coming up right now. i'll see you tomorrow. >>> and it is 4:00 on wall street. do you k
deficit's coming down. but stocks can't go up forever. >> no. what i'm seeing is that we're not seeing the inflows into stock funds and mutual funds is starting to get smaller and smaller. without new money into the market, i'm sorry. everyone loves this rotational theory about people rotating into new groups. >> right. >> i don't buy that. that's just money being moved around. you need new money to make the market go up. i think we're starting to see it dry up a little bit at...
60
60
May 20, 2013
05/13
by
CNBC
tv
eye 60
favorite 0
quote 0
understand how offshore tax loopholes raise their tax burden and how those loopholes add to the federal deficit and why those tax loopholes ought to be closed. the tax -- the -- excuse me, the cost-sharing agreement is kind of step one on the tax avoidance road. it is entered into with its irish affiliates. but the agreement is not about dividing costs even though it's called a cost-sharing agreement. since all of the signatories to that agreement work for apple and all of the costs are paid out of the same pocket, and if you need additional proof of the fact that the cost-sharing agreement, so called, is not an arm's length arrangement, look at the results. over the last four years, apple's offshore subsidiaries paid $5 billion in costs, received far, far more back than they paid. and apple on the other hand, itself, when paying a large amount relatively received a small amount back. about 2 1/2 times the profits were received by those irish subsidiaries and there they sit. and was obtained by -- >> all right. we've been listening to senator levin down on capitol hill details -- detailing the
understand how offshore tax loopholes raise their tax burden and how those loopholes add to the federal deficit and why those tax loopholes ought to be closed. the tax -- the -- excuse me, the cost-sharing agreement is kind of step one on the tax avoidance road. it is entered into with its irish affiliates. but the agreement is not about dividing costs even though it's called a cost-sharing agreement. since all of the signatories to that agreement work for apple and all of the costs are paid...
108
108
May 15, 2013
05/13
by
CNBC
tv
eye 108
favorite 0
quote 0
question question t administration is back on its heel, things like immigration, gun reform, maybe a deficit deem or entitlement form. in other words, republican, we had mitch mcconnell, senator mcconnell on our show last night. republicans are moving on the aumpls. they will use these hearings, whether it's benghazi the secret appearance of the a.p. phone calls or the irs. the republicans smell blood for 2014. so the president is noeft most certainly on his heels. he needs to make a dramatic announcement. i could be dead wrong, timer. maybe out of the blue, we're not figuring this, there is an announcement about something like syria. sometimes presidents will do this for national security purposes. maybe. maybe. i don't know anything about that. all i know is he met with the treasury team a few hours ago. that meeting, i think, is going to look into this announcement. i think one leads to the other. >> you can almost hear the gop recalculating how they're going to go about attacking the administration's second term agenda at this point. >> absolutely. the question sheer about the democrats
question question t administration is back on its heel, things like immigration, gun reform, maybe a deficit deem or entitlement form. in other words, republican, we had mitch mcconnell, senator mcconnell on our show last night. republicans are moving on the aumpls. they will use these hearings, whether it's benghazi the secret appearance of the a.p. phone calls or the irs. the republicans smell blood for 2014. so the president is noeft most certainly on his heels. he needs to make a dramatic...
81
81
May 14, 2013
05/13
by
CSPAN
tv
eye 81
favorite 0
quote 0
from just one country who want to emigrate to americ america suffers from consecutive trillion-dollar deficits and $17 trillion accumulated debt. unless america changes its financial path, america will suffer a debilitating insolvency and bankruptcy that will usher in one of the worst three or four airas in america's history. america's immigration policies must reflect america's dire financial condition. america must limit immigration based on how many immigrants a year our economy can absorb. two, limit immigrants to net tax producers. i.e., those people who we have confidence in who will generate more in taxes than they consume. because they have, these people, viable skillsets that the economy needs. two, advance degrees in intellect that can support our medical high tech and other intellect-driven industries or, three, financial resources that can help create new jobs and businesses in america. and then finally and most importantly, we must enforce our immigration laws, whatever the consensus may be in congress on what they should be. the president and the senate gang of eight pushed an am
from just one country who want to emigrate to americ america suffers from consecutive trillion-dollar deficits and $17 trillion accumulated debt. unless america changes its financial path, america will suffer a debilitating insolvency and bankruptcy that will usher in one of the worst three or four airas in america's history. america's immigration policies must reflect america's dire financial condition. america must limit immigration based on how many immigrants a year our economy can absorb....
171
171
May 17, 2013
05/13
by
KPIX
tv
eye 171
favorite 0
quote 0
. >>> reporter: hercules is facing a project deficit of $1.2 million for the next fiscal year. the city manager says if voters don't pass a utility tax hike in june, the city would likely disband its police department. >> just imagine what this kind of message sends out to criminals. it's open house in hercules. >> reporter: hercules would instead contract with the contra costa county sheriff's department for police services. councilman dan romero worries response time would be slower and crime would spike in this bedroom community. >> catastrophic. our whole populace will be in danger. >> reporter: the city manager says measure a would bring in about $1 million, allowing hercules to keep its police force of 21 sworn officers. the current 6% tax on gas, electric, water and telephone bills would increase to 8%. hercules residents would also pay an 8% tax on cable tv. long-time resident charlie clark plans to vote no. at 88 years old, he can't even retire. >> i'm still working simply because everything keeps going up in price. >> reporter: he says a tax hike would make it even mo
. >>> reporter: hercules is facing a project deficit of $1.2 million for the next fiscal year. the city manager says if voters don't pass a utility tax hike in june, the city would likely disband its police department. >> just imagine what this kind of message sends out to criminals. it's open house in hercules. >> reporter: hercules would instead contract with the contra costa county sheriff's department for police services. councilman dan romero worries response time...
99
99
May 13, 2013
05/13
by
KRON
tv
eye 99
favorite 0
quote 0
jack added 24 points and andrew bogut grabbed 80 rebounds to help the warriors over, and eight point deficit in the final five minutes of regulation. golden state scored the first nine points of overtime to with the crowd of nearly 20,000 into a frenzy and give this topsy- turvy series of other twist. nearly 300,000 children in california have a parent in prison. for mother' dparents inr mother's day, a local organization called get on the bus used a dozen buses and drove 300 kids to the central california women's facility to see their moms. kron4's alecia reid shows the effect visits like this have on both the prisoners and their children. alic >> lalecia: there are many happy faces and visits like these go along way. without family visits it makes for six times more likely to offend when they get out. it's also therapeutic for the young ones. with these visits, they are less likely to act up and they're great increase. alecia wrotreid, kron 4 news. we'll be back with more in just a minute. >>jacquelinjames: >>erica: we have when he spots, i do have when advisory to talk about and some area
jack added 24 points and andrew bogut grabbed 80 rebounds to help the warriors over, and eight point deficit in the final five minutes of regulation. golden state scored the first nine points of overtime to with the crowd of nearly 20,000 into a frenzy and give this topsy- turvy series of other twist. nearly 300,000 children in california have a parent in prison. for mother' dparents inr mother's day, a local organization called get on the bus used a dozen buses and drove 300 kids to the...
136
136
May 16, 2013
05/13
by
CNBC
tv
eye 136
favorite 0
quote 0
he will not be able to reduce the deficit and that his way is the only viable option. >> we won't penalize that. we won't drive wealth creator away from our shores, but bring them here. we are traveling a hard road but we're making progress. and with your help, we will get there. >>> $1.8 billion, that's how much sinopec engineering has reportedly raised in its ipo. the company sinopec is said to have priced the deal at the bottom of the range. the group reportedly sold more than $1.3 billion at 10.50 hong kong dollars per piece. francis is back with us now. >> can you hear me now? >> great. good stuff. much better. what is the traction of this listing? >> the largest company necessary china are in the world and they still have a lot of engineering work to do. but you look at the ipo numbers, the public tranche is 28 times what was ascribed. and that will be a huge success, but they can only price at the lower end of the range that show the institutions are really not there. institution will not support the share. in this top of the range. so that really shows the support on its debut. it
he will not be able to reduce the deficit and that his way is the only viable option. >> we won't penalize that. we won't drive wealth creator away from our shores, but bring them here. we are traveling a hard road but we're making progress. and with your help, we will get there. >>> $1.8 billion, that's how much sinopec engineering has reportedly raised in its ipo. the company sinopec is said to have priced the deal at the bottom of the range. the group reportedly sold more than...
140
140
May 17, 2013
05/13
by
CNNW
tv
eye 140
favorite 0
quote 0
and there was some positive news on the deficit. but both of those items will take a long time to pay dividends. and the administration will have to still fight the crises for now, if they ever want to be able to maximize both of these agenda items in the long term. wolf? >> jessica yellin over at the white house, thanks very much. let's dig a little bit deeper now with our chief political correspondent, host of the "state of the union" candy crowley. the president trying to change the subject today, didn't work that well, because the subject is still out there. >> there's a formula for presidents who get into political trouble. and it begins with trying to change the questions. which he did pretty well, i think, in the rose garden, at least it was a good first step. went out there and said, okay, what we really noo ed is money to help secure the embassies. that was his response to the benghazi problem. he talked about the irs, and said, well, this was done, because i take these leaks very seriously, because they endanger americans.
and there was some positive news on the deficit. but both of those items will take a long time to pay dividends. and the administration will have to still fight the crises for now, if they ever want to be able to maximize both of these agenda items in the long term. wolf? >> jessica yellin over at the white house, thanks very much. let's dig a little bit deeper now with our chief political correspondent, host of the "state of the union" candy crowley. the president trying to...
163
163
May 16, 2013
05/13
by
MSNBCW
tv
eye 163
favorite 0
quote 0
the heat erasing 11-point second-half deficit to knock out the chicago bulls in game five. the heat again in the eastern conference finals. they await the winner of the pacers and knicks. the pacers could close that thing up at the garden tonight. >> so it could be the pacers versus memphis? >> potentially, yes. >> that's what you're hoping for. >>> turning to college basketball, rutgers university has announced julie herman as its new athletic director. herman replaces the former a.d. who resigned after a video came out of the school's former men's basketball coach mike rice. >> ow. >> caught on camera hurling basketballs at players and using in a couple cases gay slurs during practice. hermann would be rutgers' first female a.d. she comes from louisville where she served as their athletic director's top deputy. she's got more than 30 years in college athletics but no prior experience as the head of a school's athletic program. >> mike, are there a lot of top program -- >> five. she becomes the fifth in d-1 schools. >> good move. move>> g >>> up next, author, columnist, ke
the heat erasing 11-point second-half deficit to knock out the chicago bulls in game five. the heat again in the eastern conference finals. they await the winner of the pacers and knicks. the pacers could close that thing up at the garden tonight. >> so it could be the pacers versus memphis? >> potentially, yes. >> that's what you're hoping for. >>> turning to college basketball, rutgers university has announced julie herman as its new athletic director. herman...
156
156
May 17, 2013
05/13
by
CNNW
tv
eye 156
favorite 0
quote 0
congressman ryan, are you going to be able to work with the administration on things like the economy and the deficit and immigration reform while congress also spends so much time focused on discovering more and doing more in oversight on the scandals and controversies. here's what he had to say. >> we have to do our job to our constituents to do oversight of the federal government, we're not getting straight answers on benghazi. we're not getting straight answers on the irs. clearly we're worried about intimidation of the press with respect to the doj scandal. that doesn't mean we're only going to do that. >> his point is they can walk and chew gum at the same time, that members of congress have this oversight responsibility, but you heard him say, very pointedly, we're not getting straight answers on benghazi, we're not getting straight answers on the irs. there is a lot of feeling by republicans and even some democrats in congress that the testimony today by the acting irs commissioner did him more harm than good. even if he's on his way out the door, there are questions about whether or not he's
congressman ryan, are you going to be able to work with the administration on things like the economy and the deficit and immigration reform while congress also spends so much time focused on discovering more and doing more in oversight on the scandals and controversies. here's what he had to say. >> we have to do our job to our constituents to do oversight of the federal government, we're not getting straight answers on benghazi. we're not getting straight answers on the irs. clearly...
139
139
May 16, 2013
05/13
by
CNBC
tv
eye 139
favorite 0
quote 0
i get it, sometimes you need to dip in and create deficit. but if there is something broken, you can cause things to move up, whether it is gdp. you can try to kick-start housing by trying to silence rates, but in the end the key to house something sustainability. >>> let's switch gears. i'm going to read you something, a tweet. okay? associated press, irs, ask not what can you do for your country, ask what your country can do to you. i didn't write that. i think it is clever. a tea party person didn't write that. even though there is nothing wrong with being a conservative voice. bill gross. that was bill gross' tweet for today. the point of this is the country is not happy. now whether you look at the associated press story, whether you look at the residual issues of benghazi or specifically you look at the irs, we know a couple of things. the country's divided. i'm not saying divided is bad. throughout our history maybe the division of government is one of our greatest assets. the tug-of-war goes on constantly. it is a good thing. it might
i get it, sometimes you need to dip in and create deficit. but if there is something broken, you can cause things to move up, whether it is gdp. you can try to kick-start housing by trying to silence rates, but in the end the key to house something sustainability. >>> let's switch gears. i'm going to read you something, a tweet. okay? associated press, irs, ask not what can you do for your country, ask what your country can do to you. i didn't write that. i think it is clever. a tea...
87
87
May 19, 2013
05/13
by
CSPAN
tv
eye 87
favorite 0
quote 0
if we just stop changing the -- [indiscernible] we need to take care of long- term deficit. -- oesn't seem i still do not understand why that happened. this is not happening. [indiscernible] do you want to jump in? i guess i would just say comes backnghazi it to we haven't seen anything after so many hearings. there's so much frustration on this issue. there have been e-mail's provided by the white house, talking points provide it. there has been so much discussion on capitol hill on this issue. if you do not live here, believe me, there has been a lot of discussion on benghazi. there has really not been anything to come out of it except that it was a tragic situation. there have been more calls to focus on embassies' security. beyond that, i do not see what else there is to hold on to this issue. from here is an article the "new york post" talking about how last week's events may impact the 2014 races. your thoughts on how long we will be seeing these issues? guest: i think we will be seeing these issues for a while. this is obama's second term, and here we are right at the start of
if we just stop changing the -- [indiscernible] we need to take care of long- term deficit. -- oesn't seem i still do not understand why that happened. this is not happening. [indiscernible] do you want to jump in? i guess i would just say comes backnghazi it to we haven't seen anything after so many hearings. there's so much frustration on this issue. there have been e-mail's provided by the white house, talking points provide it. there has been so much discussion on capitol hill on this...
656
656
May 17, 2013
05/13
by
KNTV
tv
eye 656
favorite 0
quote 0
major changes to the manual of mental disorders a book doctors use to diagnosis binge eating, attention deficit disorder and asperger's. >>> and the hidden world of the internet. wait until you see what chris hansen found people trying to buy and sell online. >>> and an encouraging update from amy copeland, the woman who nearly died after contracting a rare flesh eating bacteria. >>> raffaele sollecito is speaking out. we will talk to him in a moment but first his story. in the saga of amanda knox, sollecito is perhaps best known from this image, kissing knox outside the apartment where meredith kercher was brutally murdered just one day before. that was six years ago. knox and her boyfriend of just seven days, raffaele sollecito were convicted of the murder, both sentenced to prison. sollecito had several opportunities to abandon knox and cut a deal but he never did despite the fact he never really knew her. an appeals court overturned because of insufficient evidence and two months ago a new trial was ordered to begin within the next year. raffaele sollecito is with us exclusively. his book i
major changes to the manual of mental disorders a book doctors use to diagnosis binge eating, attention deficit disorder and asperger's. >>> and the hidden world of the internet. wait until you see what chris hansen found people trying to buy and sell online. >>> and an encouraging update from amy copeland, the woman who nearly died after contracting a rare flesh eating bacteria. >>> raffaele sollecito is speaking out. we will talk to him in a moment but first his...
225
225
May 16, 2013
05/13
by
FOXNEWSW
tv
eye 225
favorite 0
quote 0
because the market is going up and the deficit actually went down. >> steve: that's right until for the first time in a long time (you know who else had a surplus? california. >> steve: they still do. from california to texas, and more on that twister out of granbury, texas. this is some of the damage left behind after three big twisters leveled a community built by habitat for humanity. heather nauert standing by with details. >> good morning to you. as we're taking a live look at the pictures, you can see how some homes have been completely devastated, while others seem to not have been touched at all. we are waiting just about 30 minutes from now, officials planning to hold a press conference to update us on the widespread damage outside of dallas. this as we get a better look at the devastation done near there. the violent twisters, one was a mile wide, it completely destroyed houses, hurdling people far from their homes. at least six people are dead and dozens more have been hurt. listen. >> it was loud, very loud, you could just hear things crashing and banging and everything like
because the market is going up and the deficit actually went down. >> steve: that's right until for the first time in a long time (you know who else had a surplus? california. >> steve: they still do. from california to texas, and more on that twister out of granbury, texas. this is some of the damage left behind after three big twisters leveled a community built by habitat for humanity. heather nauert standing by with details. >> good morning to you. as we're taking a live...